Vietnam’s government plays a crucial role in fostering the digital economy, which currently contributes significantly to national GDP through the IT sector and emerging industries like e-commerce and finance. With over 60% of the digital economy driven by the IT industry, the government’s initiatives focus on enhancing digital infrastructure, creating interoperable systems, and ensuring high-quality data sharing across sectors. These efforts aim to achieve a target of 30% contribution of the digital economy to GDP by 2030, requiring an annual growth rate of 20%.
To support this growth, the government is revising legal frameworks and developing policies that facilitate digital transformation across various sectors. Collaborative efforts among ministries aim to train professionals in cutting-edge fields and engage digital technology enterprises to tackle transformation challenges. By creating a robust digital ecosystem, the government seeks to optimize data utilization and improve services, fostering innovation and increasing labour productivity throughout the economy.
